Shopping Center

Hammond, IN Shopping Centers for Sale

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Calumet City, IL East Chicago, IN Lansing, IL Burnham, IL South Holland, IL Whiting, IN Dolton, IL Highland, IN
Retail Center Anchored by Family Dollar
Updated: May 9, 2025
Retail Center Anchored by Family Dollar

Sheffield Ave 3704, Hammond, IN

Contact for pricing
18,000 sqft 1.15 AC lot
Family Dollar anchors the center with a corporate guarantee and a triple net lease covering approximately 50% of the building.
Significant value‑add opportunity with approximately 9,000 SF of vacant space (with mezzanine) available for a new tenant or owner/user.
Established Family Dollar lease in place since 2002 with multiple extension options exercised and future options with rent escalations remaining.
Ideally located in a highly accessible and densely populated area.
Proximity to transportation: 1.2 miles from Hammond Station and 2.3 miles from Hegewisch Station.
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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 1 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Development Opportunity Near I-94
Development Opportunity Near I-94

NWC 111th Street & I-94 |, Chicago, IL 60628

Contact for pricing
10 sqft

Land available near I-94 with high visibility and traffic.

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Fully Occupied Retail Center
Fully Occupied Retail Center

Dixmoor, IL

Contact for pricing
8,000 sqft 0.50 AC lot

Retail center on high-traffic Halsted St, near I-80/294.

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Retail Center on Halsted Street
Retail Center on Halsted Street

Dixmoor, IL

Contact for pricing
7,800 sqft 0.44 AC lot

Retail center with high visibility and ample parking.

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Chicago Shopping Center Investment Opportunity
Chicago Shopping Center Investment Opportunity

801 W 119th St, Chicago, IL 60643

Contact for pricing
59,847 sqft

Fully leased shopping center in high-traffic Chicago location for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Lot Strip Mall Opportunity
Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Commercial Development Land Parcel
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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Commercial Land in Crete, Illinois
Commercial Land in Crete, Illinois

S Country Lane lot: 14, Crete, IL 60417

$55,000
1.01 AC lot

1.01 acre commercial lot with B4 zoning near I-394.

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Off-Market Properties in Hammond, IN

Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

300 Rdg Rd, Unit 328
SHOPPING CENTER, STRIP CENTER

300 Rdg Rd, Munster, IN 46321-1528

Unit 328
$730,000
Estimated value
32,762 sqft 3.00 AC lot
View details
3213 169th St
SHOPPING CENTER, STRIP CENTER

3213 169th St, Hammond, IN 46323-1758

Value Estimation by Request
7,650 sqft 0.45 AC lot
View details
8234 Mdw Ln
SHOPPING CENTER, STRIP CENTER

8234 Mdw Ln, Munster, IN 46321

Value Estimation by Request
0.07 AC lot
View details
917 Rdg Rd, Unit 23
SHOPPING CENTER, STRIP CENTER

917 Rdg Rd, Munster, IN 46321-1747

Unit 23
Value Estimation by Request
15,120 sqft 1.18 AC lot
View details
6823 Grand Ave, Unit 39
SHOPPING CENTER, STRIP CENTER

6823 Grand Ave, Hammond, IN 46323-1944

Unit 39
Value Estimation by Request
11,850 sqft 0.84 AC lot
View details
1001 5th Ave, Unit 1015
SHOPPING CENTER, STRIP CENTER

1001 5th Ave, Hammond, IN 46320-1004

Unit 1015
Value Estimation by Request
14,440 sqft 1.41 AC lot
View details
9610 Centennial Dr
SHOPPING CENTER, STRIP CENTER

9610 Centennial Dr, Munster, IN 46321-4078

$690,000
Estimated value
20,486 sqft
View details
1101 5th Ave, Unit 1113
SHOPPING CENTER, STRIP CENTER

1101 5th Ave, Hammond, IN 46320-1002

Unit 1113
$1,405,000
Estimated value
55,357 sqft 5.23 AC lot
View details
7201 Calumet Ave
SHOPPING CENTER, STRIP CENTER

7201 Calumet Ave, Hammond, IN 46324-2407

Value Estimation by Request
4,880 sqft 0.36 AC lot
View details
1810 165th St
SHOPPING CENTER, STRIP CENTER

1810 165th St, Hammond, IN 46320-2823

Value Estimation by Request
9,870 sqft 1.22 AC lot
View details
8165 Calumet Ave
SHOPPING CENTER, STRIP CENTER

8165 Calumet Ave, Munster, IN 46321-1701

Value Estimation by Request
10,929 sqft 1.82 AC lot
View details
8135 Calumet Ave
SHOPPING CENTER, STRIP CENTER

8135 Calumet Ave, Munster, IN 46321-1701

$7,600,000
Estimated value
10,929 sqft 1.82 AC lot
View details
911 Rdg Rd
SHOPPING CENTER, STRIP CENTER

911 Rdg Rd, Munster, IN 46321-1721

Value Estimation by Request
0.69 AC lot
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2824 173rd St
SHOPPING CENTER, STRIP CENTER

2824 173rd St, Hammond, IN 46323-2238

Value Estimation by Request
7,787 sqft 0.36 AC lot
View details
821 Main St
SHOPPING CENTER, STRIP CENTER

821 Main St, Munster, IN 46321-4066

Value Estimation by Request
10,156 sqft 1.36 AC lot
View details
7951 Calumet Ave
SHOPPING CENTER, STRIP CENTER

7951 Calumet Ave, Munster, IN 46321-1215

$1,120,000
Estimated value
41,928 sqft 3.71 AC lot
View details
1100 5th Ave
WHOLESALE OUTLET, DISCOUNT STORE

1100 5th Ave, Hammond, IN 46320-1002

$13,840,000
Estimated value
196,210 sqft 21.55 AC lot
View details
1229 165th St, Unit 31
SHOPPING CENTER, STRIP CENTER

1229 165th St, Hammond, IN 46320-2746

Unit 31
Value Estimation by Request
6,100 sqft 1.09 AC lot
View details
7925 Indianapolis Blvd, Unit 31
WHOLESALE OUTLET, DISCOUNT STORE

7925 Indianapolis Blvd, Hammond, IN 46324-3348

Unit 31
$8,350,000
Estimated value
112,418 sqft 8.02 AC lot
View details
1624 165th St
WHOLESALE OUTLET, DISCOUNT STORE

1624 165th St, Hammond, IN 46320-2819

$6,925,000
Estimated value
101,200 sqft 13.95 AC lot
View details
8000 Calumet Ave
SHOPPING CENTER, STRIP CENTER

8000 Calumet Ave, Munster, IN 46321-1227

Value Estimation by Request
6,760 sqft 0.52 AC lot
View details
5550 Sohl Ave
SHOPPING CENTER, STRIP CENTER

5550 Sohl Ave, Hammond, IN 46320-2086

$895,000
Estimated value
46,000 sqft 4.14 AC lot
View details
6933 Indianapolis Blvd
WHOLESALE OUTLET, DISCOUNT STORE

6933 Indianapolis Blvd, Hammond, IN 46324-2205

$925,000
Estimated value
10,080 sqft 0.76 AC lot
View details

Hammond, IN Shopping Centers Market Trends and Statistics

Explore 34 shopping centers for sale in Hammond, IN on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 9
Automotive properties 7
Auto shops 6
Shopping centers 4
Showrooms 1

Demographics Overview

Population 117K
Population Growth (5Y) +1.0%
Median Household Income $68,360
College Educated 24.8%

Taxes & Financing

Tax Rate (average for all types) 3.82%
Property Tax per SF $41.87 per SF
Tax Rate vs County Average 0.74 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

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